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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Office Spaces
6142 Innovation Way Carlsbad, CA 92009-1728
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-8545583
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2007
Total area
2,199 SF
Lot
2.6 ac (113,247 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
213-262-13-08
UPID
US09-8545583
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Brainard Strategy Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$715k
CAP Approach
CAP
$775k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$845k
Owner & transaction history
Jazz Props LLC · 6 yrs held
Jazz Props LLC
since 2020
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Carlsbad, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.2M
+29.4%
Medical building
$1.0M
+10.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Carlsbad submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carlsbad submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$745,000
ML approach
$715,000
CAP Approach
CAP Return
Estimation
6%
$840,000
6.5%
$775,000
7%
$720,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$940,000
Current use
RETAIL STORES
$1,220,000
Change: +29% · Conversion: Moderate
MEDICAL BUILDING
$1,045,000
Change: +11% · Conversion: Easy
AUTO REPAIR, GARAGE
$840,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$845k
Range $761k – $930k · ±10% · vs last sale $1.00M (May 15 2020)
Last sale anchor
$1.00M
May 15 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$384 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$12,029
Tax year 2024
Assessed value
$1,072,200
Assessed 2024
Previous assessed
$1,072,200
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$321,660
Assessed improvement
$750,540
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2007
Heating
NONE
Units
1
Total area
2,199 SF
Lot
2.6 ac (113,247 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
213-262-13-08
UPID
US09-8545583
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Carlsbad, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Carlsbad, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carlsbad. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$940,000
RETAIL STORES
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$840,000
OFFICE BUILDING Current
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Units
1
Lot
2.6 ac
Current owner
From public records · entity-resolved
Jazz Props LLC
Entity
Mailing address
PO BOX 7110, RCHO SANTA FE, CA 92067-7110
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2020
—
Jazz Props LLC
Jonathan Gottfried
Quit Claim Deed
—
Nov 26, 2019
$1,000,000
Jonathan Gottfried
Brainard Consulting LLC
Grant Deed
—
Feb 21, 2019
—
Brainard Consulting LLC
—
Deed
related
$455,159 · Harvest Com'l Cap LLC
Feb 10, 2014
$369,500
Brainard Consulting LLC
Palomar Airport Road LLC
Grant Deed
$300,000 · First Citizens Bank & Trust Co
Sep 15, 2005
—
Palomar Airport Road LLC
Owner Name Unavailable
Grant Deed
related
—
—
—
Brainard Consulting LLC
—
Deed Of Trust
related
$455,159 · Harvest Com'l Cap LLC
—
—
Brainard Consulting LLC
—
Deed Of Trust
related
$249,000 · Pacific West Certified Dev Cor
—
—
Palomar Airport Road LLC
—
Deed Of Trust
related
$3,702,921 · Midfirst Bank State Savings Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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